Crown Castle
About: Crown Castle owns and leases roughly 40,000 cell towers in the United States. It leases space on its towers to wireless service providers, which install equipment to support their wireless networks. The company has a very concentrated customer base, with about 75% of its revenue from the Big Three US mobile carriers: Verizon, T-Mobile, and AT&T. Crown has announced plans to divest its fiber business, which is expected to be finalized in 2026. After that, it will be a stand-alone tower operator. Crown Castle operates as a real estate investment trust.
Employees: 5,000
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
91% more call options, than puts
Call options by funds: $883M | Put options by funds: $463M
13% more repeat investments, than reductions
Existing positions increased: 430 | Existing positions reduced: 381
0.95% less ownership
Funds ownership: 95.19% [Q1] → 94.24% (-0.95%) [Q2]
3% less capital invested
Capital invested by funds: $43.2B [Q1] → $42.1B (-$1.1B) [Q2]
3% less funds holding
Funds holding: 1,091 [Q1] → 1,054 (-37) [Q2]
15% less first-time investments, than exits
New positions opened: 104 | Existing positions closed: 123
29% less funds holding in top 10
Funds holding in top 10: 17 [Q1] → 12 (-5) [Q2]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Keybanc
Brandon Nispel
|
$120
|
Overweight
Maintained
|
17 Sep 2025 |
Barclays
Brendan Lynch
|
$120
|
Overweight
Maintained
|
15 Sep 2025 |
BMO Capital
Ari Klein
|
$120
|
Outperform
Upgraded
|
19 Aug 2025 |
RBC Capital
Jonathan Atkin
|
$113
|
Sector Perform
Maintained
|
7 Aug 2025 |
Scotiabank
Maher Yaghi
|
$114
|
Sector Perform
Maintained
|
25 Jul 2025 |
UBS
Batya Levi
|
$127
|
Buy
Maintained
|
25 Jul 2025 |
Raymond James
Ric Prentiss
|
$124
|
Strong Buy
Reiterated
|
24 Jul 2025 |
JP Morgan
Philip Cusick
|
$120
|
Neutral
Maintained
|
24 Jul 2025 |
JMP Securities
Greg Miller
|
$125
|
Market Outperform
Reiterated
|
24 Jul 2025 |
Wells Fargo
Eric Luebchow
|
$125
|
Overweight
Upgraded
|
24 Jul 2025 |
Financial journalist opinion
Based on 12 articles about CCI published over the past 30 days